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Executive Order No. 45 (1963)

Executive Order No. 45 (1963)

President of the Philippines, do hereby amend Executive Order No. 36, series of 1963, creating the Loans and Investment Council as follows:

MALACAÑAN PALACE MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 45, August 19, 1963 ]

AMENDING EXECUTIVE NO. 36, SERIES OF 1963, CREATING THE LOANS AND INVESTMENT COUNCIL

By virtue of the powers vested in me by law, I, DIOSDADO MACAPAGAL, President of the Philippines, do hereby amend Executive Order No. 36, series of 1963, creating the Loans and Investment Council as follows:

1. Paragraph 1 is hereby amended to read as follows:

"1. The Council shall have the following composition:

Secretary of Finance

.......... Chairman

Secretary of Commerce & Industry

.......... Member

Chairman, National Economic Council

.......... Member

Director-General, Program Implementation Agency

.......... Member

Governor of the Central Bank

.......... Member

Chairman of the Development Bank of the Philippines

.......... Member

President of the Philippine National Bank

.......... Member

General Manager of the Government Service Insurance System

.......... Member

Administrator of the Social Security System

.......... Member

Chairman of the Reparations Commission

.......... Member

Done in the City of Manila, this 19th day of August, in the year of Our Lord, nineteen hundred and sixty-three. 1—шphi1

(Sgd.)— DIOSDADO MACAPAGAL President of the Philippines

By the President:

(Sgd.)— RUFINO G. HECHANOVA Executive Secretary